TSX:SGR.UN - Post by User
Comment by
Shirtlessnomoreon Mar 29, 2021 2:38pm
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Post# 32899620
RE:RE:What is likelihood of distribution increase in 2021?
RE:RE:What is likelihood of distribution increase in 2021?I agree and the distribution is already fantastic so use it elsewhere. At least until the s.p recovers and we move out of the chaos we are currently in. Paying down debt to me is as much of a catalyst for the s.p. anyway. Who doesnt love to hear that a company paid off extra debt or did some upgrades to property?
mariorizzi wrote: Considering the current yield, I don't think they should increase the distribution. It would not make much of an impact in attracting new investors at this point. I wold rather they use the extra cash flow to pay down debt. Lowering the debt and showing a lower payout ration would actually attract investors who want a stable balance sheet rather than an extra few basis points in yield.